Iron ore futures increased on easing of steel output curbs, and higher steel prices that improved mills’ margins. The futures of Dalian Commodity Exchange (DCE) for January delivery then rose by 7.81% day-on-day or up RMB 42.50 to RMB 587/mt, during the day trading session on Tuesday. The rebar futures however, inched down by 0.09% …
Category archives: Ferrous
Steel and Scrap Report 23/11/21
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Weekly Virtual Steel Margin Report 23/11/2021
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European Close 22/11/21
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London Iron Ore Market Report 22/11/21
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Iron Ore Market Daily Report 22/11/21
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Oil and Ore Intraday Morning Technical 22/11/21
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Iron Ore DCE Jan Daily Technical Review 22/11/21
Verdict – Short-term bullish. DCE iron ore maitained a rebound for the second trading day, with improving volume compared to the first half of last week. The rebound was majorly contributed by short covering. A breakthrough on 579.5 would bring iron ore to a mid-run rebound, otherwise iron ore remain in consolidation range. Hourly CCI …
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Daily Virtual Steel Mill Report 22/11/21
Market Verdict on Iron Ore: · Neutral to bullish. Macro · China PM Li Keqiang held economy conference last Friday emphasizing the practical actions to promote healthy economy and decrease the cost pressure on mid and small capital companies from upstream commodities. · China Vice PM Liu He said in a manufacturing conference that financial …
Steel and Scrap Report 22/11/21
Please click below to view the report For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 US (KS): +1-203-979-7023